Although it gives me personally a little "disturbance" 😬

It may teach the orange clown a lesson where he never mentions tarrifs again.

Smoot/Hawley/Trump Rev 2025

less than the last day of trading when Biden was Pres. But...idiots who thought Trump is a economic genius bought and bought and ran the DOW up to 45,054.36 on 1/31/25. It has since dropped 2,475.28 points in 38 trading days.

And the tariff disaster is just starting...........

Canada will keep their counter tariffs in place but on pause so they are ready for any immediate change.

And uncertainty is certainly what the Conman-der in Chief is providing throughout the world.

Uncertainty gives markets the willies. With Hair Furor alternately lurching between dire threats and wanton destruction and abrupt capitulation, who wants to make any sort of financial decisions? His cowardice in the face of mounting pressure sends a lousy signal to the markets that uncertainty has set up shop for good.

It closed Thursday March 6 at 5739, down 1.8% for the day, and down 0.8% from the 5783 election day level, and 4.3% below the inauguration-eve level, and down 2.4% year-to-date.

It is down 6.6% from its all-time closing high of 6144 on Feb 19. Anything between 5% and 10% down is in "pullback" territory. Corrections start at 10% down, and bear markets start at 20% down.

Details: https://www.democraticunderground.com/10143411809#post8

It replaced the Free Trade Agreement--NFATA from decades ago. Don't try and sandbag people into thinking your now wanting to be some kind of fucking economic hero.

:eyeroll:

Errr…ummm.

Trump previously said, "The USMCA is the fairest, most balanced, and beneficial trade agreement we have ever signed into law."
 https://trumpwhitehouse.archives.gov/briefings-statements/remarks-president-trump-usmca-celebration-american-workers-warren-mi/

BTW, the USMCA is basically NAFTA under a new name so Trump could say he got rid of NAFTA...without actually doing it. The terms are virtually identical.

Doesn't the USMCA cover all the trade between Canada, US and Mexico?

I'd like to hear from a neutral trade expert knowledgeable about the USMCA.

he changes every five minutes and he sucks.